Turning Rock Partners has invested $25 million to back SMC Infrastructure Partners’ recapitalization of Miami-based General Asphalt Co, a paving contractor. No financial terms were disclosed. IFM ...

Rehabilitation work is at full throttle at the Miami International Airport. One of the world's busiest hubs for international travel, MIA sees nearly 34 million passengers annually. Its four active ...

All eyes are on asphalt prices this summer as highway and paving contractors vie for dwindling opportunities amid rising materials costs. Indexes for May, which show an overall upward trend for paving ...

Municipalities in the midst of summer paving programs across the region are feeling the impact of the rise in asphalt prices. “It is definitely putting a strain on our budget, what we are able to do ...

CHARLESTON, W.Va. — Paving companies that are defendants in an antitrust lawsuit over the price of asphalt in West Virginia want a circuit judge to toss the Division of Highways out of the case ...

CHARLESTON, W.Va. — The state Attorney General’s Office is now taking the lead in an antitrust lawsuit claiming the price of asphalt in West Virginia markets has been inflated through noncompetitive ...